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    Industrial Shop Units on Two Buildings Title is generated by Realmo AI

    1-8-2721 Wylie Dr, East Helena, MT 59635

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    For Sale
    $2,700,000

    Two insulated industrial buildings with multiple separately metered shop units, each with private restrooms and overhead doors.

    Property size:
    16,000 SF
    Price / SF:
    $168/SF
    Added:
    Mar 27, 2026
    Days on Market:
    92
    Last Refresh:
    Jun 23 at 2:16 am

    Property Features for 1-8-2721 Wylie Dr

    General Information

    Standard status
    Active
    Size
    16,000 SF

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    Rachael Houseworth
    Rachael Houseworth

    Listing office Century 21 Heritage Realty

    Listing date Mar 27, 2026

    Source Exprealty

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Heritage Realty

    HighLights

    • Two industrial buildings on 2.77 acres with 8 shop units total (4 per building), each separately metered
    • Each shop includes a private restroom, shower, and washer/dryer hookups
    • 14' overhead doors total and 19' peak heights across the buildings
    • Fully insulated units with Corbond and metal siding/roofing for low‑maintenance operation
    • 3.96‑acre parcel included directly north of the buildings for potential development or expansion

    Overview

    This property consists of two industrial buildings totaling eight shop units (four units per building), constructed with metal siding and metal roofing. The buildings include 14 overhead doors and offer 19’ peak heights. Each shop unit is fully insulated with Corbond and is separately metered, supporting independent utility usage. Units also include private restroom and shower, along with washer and dryer hookups, giving tenants or operators practical in-unit amenities for day-to-day use.

    The buildings sit on 2.77 acres, and the sale also includes an additional 3.96-acre parcel located directly north of the buildings. This added land provides room for future development, expansion, or additional income-producing uses, depending on how a buyer plans to deploy the site.

    For prospective tenants, the unit configuration is well-suited for industrial and light service operations that benefit from overhead access and dedicated restroom/shower facilities. For buyers, the separately metered eight-unit setup and durable metal construction are designed for low-maintenance operations while providing flexibility in managing multiple shop spaces. The included north parcel adds practical optionality for growth beyond the existing improvements.

    Local Financial Insights For Flex RnD

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $240.0k $15.00
    − Vacancy −$19.2k −$1.20
    EGI $220.8k $13.80
    − OpEx −$77.3k −$4.83
    NOI $143.5k $8.97
    16,000 SF · lease $15.00/SF/yr · vacancy 8.00% · expense 35.00%

    Alternative Uses

    Best Use
    Flex RnD
    $2.05M
    $1.79M – $2.39M (±1% cap)
    NOI $143,520 @ 7.0% cap · market cap 5.32%
    Second Best
    Warehouse
    $1.63M
    $1.42M – $1.90M (±1% cap)
    NOI $113,832 @ 7.0% cap · market cap 4.22%
    Theoretical Best
    Office A
    $3.48M
    $3.04M – $4.06M (±1% cap)
    NOI $243,302 @ 7.0% cap · market cap 9.01%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Gym & Fitness Center Hotel & Motel Department Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    East Helena
    County
    Lewis and Clark
    State
    Montana
    Longitude
    -111.926516
    Latitude
    46.594482

    FAQs

    What type of property is this?
    Flex space - Two insulated industrial buildings with multiple separately metered shop units, each with private restrooms and overhead doors.
    Where is this flex space located?
    The property is located at 1-8-2721 Wylie Dr East Helena, MT.
    What is the asking price?
    The asking price for this property is $2,700,000.
    What are key features of this property?
    This property features: Two industrial buildings on 2.77 acres with 8 shop units total (4 per building), each separately metered; Each shop includes a private restroom, shower, and washer/dryer hookups; 14' overhead doors total and 19' peak heights across the buildings
    More about this property
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